About Ned Technology Private Limited
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Ned Technology Private Limited is a private limited company based in Tiruporur, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2006PTC059558. Its GSTIN is 33AAACQ1371M1ZG (Tamil Nadu).
The company has an authorised share capital of ₹67 Lakh and a paid-up capital of ₹61.36 Lakh. It was formerly known as Qadex Solutions Private Limited. It is led by directors including Stephen Whyte (Managing Director) and Sivasubramanian Saravanan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tiruporur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.62 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹8.3 Lakh (net margin -2.3%) and EBITDA of ₹66,622 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qdxsoft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDoor No.4/5 1st Floor Gandhi Road, Ottiyambakkam Chittalapakkam Tambaram, Tiruporur, Tamil Nadu, India – 600130
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity
The main business activity of Ned Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Ned Technology Private Limited
FY 2025 filings availableNed Technology Private Limited reported revenue of ₹3.62 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 18% growth in the latest year. EBITDA fell 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹66,622 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹8.3 Lakh | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.2% | |
| Net Profit Margin | -2.3% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ned Technology are in the company report.
: available in the company report
Board of Directors of Ned Technology Private Limited
Ned Technology has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stephen Whyte | Managing Director | 19 Apr 2006 | 20 Years 6 Months | Current |
| Sivasubramanian Saravanan Also directs: Schappit India Private Limited | Director | 20 Dec 2016 | 9 Years 10 Months | Current |
| Gunasekar Also directs: Schappit India Private Limited | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
Peer Comparison
Ned Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M&S Software India Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Action Tour Guide Limited | ₹3.62 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Elevar Infotech Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Ned Technology Private Limited this company | ₹3.62 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Tiruporur, Tamil Nadu, India |
| Silarra Technologies Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Hyr Global Source India Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Hyderabad, Telangana, India |
| Naia Software Solutions India Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Tekbon Software Solutions Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Hyderabad, Telangana, India |
| Earthline Infocomm Private Limited | ₹3.61 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
Peers are the companies nearest to Ned Technology by revenue, above and below it, in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Auditor information for Ned Technology Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Ned Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Ned Technology Private Limited has a workforce of 48 employees as of Mar 31, 2024.
: available in the company report
Recent Activity
Ned Technology Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Gunasekar was appointed as Director on 10 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Ned Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACQ1371M1ZG | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Ned Technology is an active private limited company based in Tiruporur, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 April 2006 (20+ years old) and is registered under CIN U72200TN2006PTC059558.
Ned Technology has 3 current directors:
- Stephen Whyte - Managing Director
- Sivasubramanian Saravanan - Director
- Gunasekar - Director
The latest financial statements of Ned Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ned Technology is 33AAACQ1371M1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ned Technology is U72200TN2006PTC059558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ned Technology was incorporated on 19 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ned Technology by revenue are M&S Software India Private Limited, Action Tour Guide Limited, Elevar Infotech Private Limited, Silarra Technologies Private Limited, Hyr Global Source India Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Gunasekar was appointed as Director on 10 Apr 2023. George Jeena Stephen ceased to be Director on 03 Feb 2023. Patrick Martinent ceased to be Director on 11 Apr 2019. Ned Technology has 7 board changes on record in total.
Ned Technology can be reached through the website qdxsoft.com. Its registered office is in Tiruporur, Tamil Nadu, India.
The registered office of Ned Technology is at Door No.45 1st Floor Gandhi Road, Ottiyambakkam Chittalapakkam Tambaram, Tiruporur, Tamil Nadu, India – 600130.
Ned Technology operates in the information technology industry, in the IT consulting and support services segment.